Business Acquisitions (Tables) - March 2016 Acquisition

6 Months Ended

Jun. 30, 2016

Summary of purchase price allocation based on estimated fair values of acquired assets and liabilities as of the acquisition date

We accounted for the March 2016 Acquisition using the acquisition method, which requires, among other things, assets acquired to be recorded at their fair value on the acquisition date. The following table summarized the purchase price allocation based on estimated fair values of the acquired assets as of the acquisition date (in thousands):



	Fair Value
Property, plant and equipment	$	14,929
Intangible assets	3,839
Purchase price	$	18,768

Schedule of amount of finite life intangible assets, and their associated average useful lives

The amount of finite life intangible assets, and their associated average useful lives, was determined based on the period which the assets are expected to contribute directly or indirectly to our future cash flows, and consisted of the following:



	Amount (in thousands)		Average Useful Life
Customer related	$	3,839	2.3 years